Innovative Designs, Inc. reported earnings results for the second quarter and six months ended April 30, 2023. For the second quarter, the company reported sales was USD 0.027249 million compared to USD 0.037717 million a year ago. Net loss was USD 0.112591 million compared to USD 0.275816 million a year ago. Basic loss per share from continuing operations was USD 0.003 compared to USD 0.008 a year ago. Diluted loss per share from continuing operations was USD 0.003 compared to USD 0.008 a year ago.
For the six months, sales was USD 0.098896 million compared to USD 0.100116 million a year ago. Net loss was USD 0.171686 million compared to USD 0.407857 million a year ago. Basic loss per share from continuing operations was USD 0.005 compared to USD 0.012 a year ago. Diluted loss per share from continuing operations was USD 0.005 compared to USD 0.012 a year ago.